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20130124
20130124
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Search Results 0 to 22 of about 23 (some duplicates have been removed)
FOX Business
Jan 24, 2013 6:00pm EST
debt ceiling increase unless the senate passes a budget the reader not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we can do with a little bit. we can raise taxes on high-income households a little bit more and we don't have to make fundamental cuts in entitlements. i think that's wrong. i think we have to make substantial cuts in entitlements. we should make substantial cuts in many other components of expenditure as well, defense and nondefense in that trying to address our long term fiscal situation with higher taxes is is going to destroy the economy. gerri: democrats are beating the drum on this already. anyone you listen to from that side of the house is really talking about higher taxes. republicans and conservatives in general like to talk about
CSPAN
Jan 24, 2013 1:00am EST
play with economic fire. they're playing political games with the debt ceiling. and that undermines certainty. yesterday, economist simon johnson of m.i.t. testified before our committee saying that a short-term increase would only extend uncertainty he said, i quote, you will continue to undermine the private sector, you will continue to delay investment and reduce employment relative to what it would be otherwise. let's for a second remember history. the last time the house republicans played political games with the debt ceiling, august 20 11, our economy produced the lowest job growth in three years. during that two-month period, the dow jones plummeted 2,000 points including one of its worst single day drops in history, 635 points on, on august 8. s&p downgrade the u.s. credit rating for the first time in history. leading republicans in june, 2011, criticized the notion of a short-term debt ceiling increase as providing a lack of certainty. the majority leader said, i quote, we feel very strongly that one of the reasons we continue to see an ailing economy is that people have very little confidence, have very little senchity in terms of where we are headed, end of quote. and our ways and means chairman
CNN
Jan 23, 2013 11:00pm EST
, congresswoman debbie wasserman schultz and she tells us the bill wasn't a clean debt ceiling increase and only prolongs economic uncertainty. it only extents it for a few months so she's right about that. >>> in the last 48 hours or so, u.s. cargo planes made at least five trips into mali transporting about 80 french troops and more than 124 tons of supplies. a spokesman for the u.s./africa command tells us the airlifts began monday, are going to go on for several more days. i couldn't help but notice this on the front page of yahoo! earlier today, the poll today asking you, should the united states intervene in mali. the latest results. so a majority of people say no. >>> the faa still hasn't determined what's causing electrical problems on boeing 787 dreamliner, telling reporters they're still evaluating the idea. the national transportation safety board, meanwhile, says the battery pulled from a dream liner showed signs of thermal damage. ntsb's michael boyd tells us he's never seen an investigation like this. where the faa says a plane is safe and then grounds it. he says the faa has
CSPAN
Jan 24, 2013 9:00am EST
president says he wants the debt ceiling increase. hopefully the majority has decided to pass a budget. the new budget chairman, senator murray, said yesterday that her committee will draft a budget. now let's let the senate produce a budget. let's have a budget drawn up. let's have a budget debated. let's figure out what our plans are. budgets lay out plans and we'll see if a budget that a majority in the senate would vote for will pass the straight-face test with the american people. we'll see if this is just another budget that says, okay, here's the amount of money we'd like to spend. it has no relationship to the amount of money we have. let's let that be our budget. the people -- people will no longer tolerate, i'm convinced, the amount of debt and taxes that the spending plan would require. but for them to really think about that, they have to have a spending plan, and i am grateful that the house passed legislation that says we have to have that -- that plan. when the majority in the senate, democrats in the senate have a budget, we'll see how they feel about continuing
ABC
Jan 24, 2013 2:35am EST
increasing the debt ceiling. but that's not the case. they just sort of stalled everything. >> they're not going to enforce the debt limit. >> so now you have three months to work behind the scenes. >> that big number $16. 4 trillion, by they expect to hit in the middle of february. so the deal is not to borrow more, the limit is still $16.4, they're just not going to enforce the rule until mid may. interesting politics there. >>> equality comes to the battlefield today when the pentagon lifts its ban on women serving on the front lines. the change opens the way for thousands of female service members to serve in combat and elite commando units and increase their chances of moving into the highest military ranks. >>> there could be a break in the case of a philadelphia pediatrician who was strangled and burned. sources say an exterminator is being questioned. the body of melissa katanuti was found tied up and set on fire in her basement monday. the suspect was seen on surveillance tape near the home. >>> in new hampshire, a baby girl is on the road to recovery two weeks aft
PBS
Jan 23, 2013 7:00pm PST
to increase the fiscal deficit. >> the u.s. house of representatives have agreed to raise the debt ceiling until may 18th. the bill will prevent the government from defaulting on its debt. the bill passed the house on wednesday after the republican majority changed its stance. republicans said they would not approve the bill unless the government made more cuts to social programs. republicans had public criticism that they were not consider the markets on a financial default. john boehner said to show the american people that it would move to balance the budget. >> they understand you can't continue to spend money that you don't have. we're committed to doing a budget on the house side. a budget that will balance over the next ten years. it's time for the senate and the president to show the american people how they're willing to balance a budget over the next ten years. >> the bill now goes to the senate where it's expected to pass and be approved by the white house. republicans will continue to push the government to review social security spending. the bill urges congress to com
MSNBC
Jan 23, 2013 7:00pm PST
debt ceiling. >> the ayes are 245, the nays, 144. >> up until now, they have been about politics. >> the american people won't accept an increase in the debt limit without significant spending cuts. >> if we don't cut spending. >> it hands the president his second major win. >> republicans have come to our new majority to fix what is wrong. >> there is an amazing amount of soul-searching going on. >> my friends it was a puke fest. >> they blinked, we welcomed the outcome of their retreat. >> nothing exposes congressional ignorance and incompetent actions better than a congressional hearing. you actually have to know something to sound impressive in a congressional hearing. it is not just reading speeches, it is interactive. asking a question of the chairman of the federal reserve or making any kind of statement to him when he is actually there to respond is a grand opportunity to look and sound like an idiot. an opportunity that many senators and house members have taken over the years. witnesses at congressional hearings in the house and the senate tend to know a little more, in fact much more about the subject at hand than the m
FOX News
Jan 24, 2013 6:00pm EST
speaker if he didn't agree to tax increases and a long-term hike to the debt ceiling, the president would campaign against him for the next two years, charging he caused another recession. which is why boehner's aides say anailiation is the right word. >> bret: ed henry live on the north lawn. thank you. what do republicans plan to do about it? chief political correspondent carl cameron is in charlotte where the g.o.p. is holding the first big conference since the election. good evening, carl. well, the plan to avoid political annihilation that wants to impose on them is the plan to come back from election defeat. they lost big with minorities. according to the blacks and asians, dominant theme here. >> trying to connect with the voters. the biggest thing is how do we have the right message at the right tactic to connect in the long-term to the voters, and increase their involvement. >> rnc is doing a major autopsy on 2019 and issue a report in march. so far they have been brutally candid about their mistakes. particularly the failure to compete with digital campaign or old fashioned gras
CSPAN
Jan 23, 2013 11:00pm EST
and i put out our plan. he pays attention to that? jillion dollars increase in the debt ceiling is out there. with president obama with his skills, if he calls together side tad and says here's my plan to save medicare. here's a plan to save medicaid. here's my plan to fix the debt. i want bipartisan support to do that. at first because it's a difficult issue, everybody will say we can't do it that way and then we'll sit down and talk and come up with the result. i think the republican leader has shown he is prepared and willing to do that. he sat there, done it on other issues. i don't allow us the rest of us can do to show that. so what i'm trying to respectfully say today is much if anything to the president of the united states is congratulations on your inauguration. i was there prior to participate for a chance to stay for a minute and a half where we celebrate for the 57th time the inauguration of an american president. we celebrate because our country is distinguished from most other countries in the world a peaceful transition or reaffirmation. we have our political contes
FOX Business
Jan 23, 2013 10:00pm EST
republicans demand democrats coming together to pass the debt ceiling extension. and a balanced budget in ten years? too good to be true? [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good earnings from ibm come mcdonald's, with the dow and s&p climbing to new five-year highs. ibm accounting for 66 of the dow's 67 points a game today. the s&p up, the nasdaq ten and a half. ten and a half billion shares traded. after the closing bell, apple disappointed. hitting earnings targets, but believe it or not missing revenue expectations with a record fourth quarter revenue. the stock t
PBS
Jan 23, 2013 5:30pm PST
country. >> ifill: today, the house opted for short term, temporarily lifting the debt ceiling until may 19, then resetting the cap to cover any borrowing over the current limit-- $16.4 trillion. and for now, republicans will not force immediate spending cuts. the party's new strategy would achieve that goal by forcing congress to pass a budget. house budget committee chair-- and last year's vice presidential nominee-- paul ryan. >> here's the point, we have a law, it's called the budget act, it requires that congress passes a budget by april 15. all we're saying is, "congress, follow the law, do your work, budget. and the reason for this extension is so we can have the debate we need to have." >> ifill: as added incentive, the house bill says, if there is no budget, then lawmakers won't get paid. after it passed today by a bipartisan vote of 285 to 144, speaker boehner said he's optimistic that will happen. >> if both chambers have a budget. democrat budget from the senate, republican from the house now you've got competing visions, forow we address this problem. out of those competing
FOX Business
Jan 24, 2013 9:20am EST
republican now. you are with republicans in the house. >> the debt ceiling, they could have the focus on entitlement reform. hopefully that is what we will do over the next 90 days. hard-working officials in the house and reform. stuart: come back and contradict the president any time you like. next a man who does business with microsoft sells software but is still critical of the company's the executive as am i. why can't microsoft be the one to challenge apple? what will it take? the man from microsoft is next. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ stuart: it looks like apple's pain is a gain for its competitors. tell me how. nicole: let's take a look at the competitors. research in motion, new multi-year high, apple is down 10%. seeing research in motion, google, yahoo! microsoft, amazon with the arrows, some of which are hitting multi-year highs. google isn't 1.8%, same with yahoo! and microsoft. our viewers -- stuart: thank you very much for that little plug. avalanche netflix making news today.
Search Results 0 to 22 of about 23 (some duplicates have been removed)